Compare HYCM vs MultiBank

Online brokers compared for fees, trading platforms, safety and more. See how HYCM stacks up against MultiBank!

HYCM vs MultiBank
open account	Visit broker 71% of retail CFD accounts lose money	Read review
overall rating	4.3	4.0
overall pros	Low forex and CFD fees Great educational content User-friendly account opening	Quick and easy account opening Free and varied deposit and withdrawal options Fast and helpful customer service
overall cons	Only forex and CFD products Trading platforms have outdated design Inactivity fee	High stock CFD and inactivity fees Limited product coverage Poor research and educational tools
fees	4.1 Low forex fees Low CFD fees Inactivity fee	3.3 Low forex fees No withdrawal fee High inactivity fee High stock CFD fees
account opening	5.0 Fast Fully digital Low minimum deposit	5.0 Fast Fully digital Low minimum deposit High minimum deposit for ECN Pro and MultiBank Pro accounts
deposit and withdrawal	4.5 Credit/Debit card available Free withdrawal No deposit fee Average account currency selection	4.5 Credit/Debit card available Free withdrawal No deposit fee
web trading platform	2.8 Clear fee report Good customizability (for charts, workspace) Order confirmation No two-step (safer) login No price alerts Poor design	2.8 Clear fee report Good customizability (for charts, workspace) Order confirmation No two-step (safer) login No price alerts Poor design
mobile trading platform	3.8 User-friendly Good search function Price alerts No two-step (safer) login No Touch/Face ID login	3.8 User-friendly Good search function Price alerts No two-step (safer) login No Touch/Face ID login No order confirmation
desktop trading platform	3.4 Clear fee report Good customizability (for charts, workspace) Available in several languages No two-step (safer) login Poor design	3.4 Clear fee report Good customizability (for charts, workspace) Price alerts No two-step (safer) login Poor design
markets and products	2.0 Forex CFD Crypto	1.4 Forex CFD Crypto
research	3.5 Trading ideas User-friendly Economic calendar Limited interactive charting Very low quality newsfeed	2.3 User-friendly Useful daily newsletters No trading ideas No fundamental data available No/poor quality news flow
customer service	3.4 Phone support Live chat Fast response time No 24/7 support Mediocre email support	4.5 Phone support Live chat Fast response time No 24/7 support
education	4.5 Demo account Trading platform tutorial Educational videos Videos miss tags or categorization	1.5 Demo account No trading platform tutorial videos No educational videos
safety	Negative balance protection Not listed on stock exchange Financial information is not publicly available No investor protection outside the EU&UK	Majority of clients belong to a top-tier financial authority Negative balance protection No investor protection Does not hold a banking license Not listed on stock exchange
recommended for	Forex and CFD traders who prefer the MetaTrader platform	Forex and CFD traders familiar with the MetaTrader trading platform

Save this comparison!

Sign up and we'll send you this comparison in email so you can dig deeper later.

First name

Email address

I acknowledge that my information will be used in accordance with the Privacy Policy and Cookie Policy

About

Discover

Follow us